(Thu, 26 Oct 2017) For the week ending October 20, 2017, gross inputs to petroleum refineries in the U.S. Gulf Coast averaged 8.8 million barrels per day (b/d), or about 324,000 b/d higher than the previous five-year range for mid-October, based on data in EIAâs <em>Weekly Petroleum Status Report</em> (WPSR).
(Thu, 26 Oct 2017) South Africa produces small amounts of crude oil and natural gas and must rely on its domestic coal production to fuel its electricity sector and crude oil imports to feed its refineries. Additionally, South Africa has one of the worldâs largest synthetic fuels industries and uses proprietary technology to convert coal and gas to liquid. South Africa has struggled with power shortages in recent years, which spurred development in electricity capacity fueled by coal and renewable energy over the past two years.
It has been a tough couple of weeks for Saudi Aramco. Recent anonymously sourced reports of the company’s planned initial public offering have painted a chaotic picture of delay and indecision behind the scenes.
The Africa Oil Week conference in Cape Town got a taste of Texas or even a little slice of Hollywood this month, as the
presence of US Secretary of Energy Rick Perry as guest of honor, perplexed yet impressed the conference delegates.
(Wed, 25 Oct 2017) Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIAâs latest International Energy Outlook 2017 (IEO2017). China accounts for more than a quarter of all global natural gas consumption growth between 2015 and 2040.
Stories are floating around the bunker press at the moment highlighting the darker side of the industry, just when it's trying to improve its reputation. Jack Jordan blogs.
(Tue, 24 Oct 2017) More than one month after Hurricane Maria made landfall, electricity service has not been restored to most residents of the U.S. territory of Puerto Rico. As of Monday morning, the Puerto Rico Electric Power Authority had partially restored service to 18% of customers in 35 of 78 municipalities.
With so much attention on rising US oil exports and their impact on crude flows within Asia, the region’s more traditional suppliers from the Middle East are examining their own strategic approaches to maintain customers and secure outlets for their barrels.
(Mon, 23 Oct 2017) Unplanned global supply disruptions fell to 1.6 million barrels per day (b/d) in September, the lowest level since January 2012. Over the past six months, unplanned oil supply disruptions have fallen by more than 1.0 million b/d, as outages in Libya, Nigeria, and Iraq abated.
(Mon, 23 Oct 2017) This report, the first of four Issues in Focus articles from the <em>International Energy Outlook 2017</em>, analyzes the effects of uncertainties in the adoption of plug-in electric vehicles (PEVs) on worldwide transportation energy consumption. Uncertainties surrounding consumer acceptance, vehicle cost, policies, and other market conditions could affect future adoption rates of plug-in electric vehicles.
